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Slight Uptick in Mortgage Application Activity

Slight Uptick in Mortgage Application Activity

by Phil Hall | Oct 11, 2023 | Current News & Events, Mortgage Information, U.S. Housing Market, WRE News Exclusive

Mortgage application activity recorded a slight uptick last week, according to new data from Mortgage Bankers Association (MBA). The Market Composite Index, the trade group’s measure of mortgage loan application volume, inched up by 0.6% on a seasonally adjusted basis...
Jennifer Lopez and Ben Affleck Take Out $20 Million Mortgage on Their New Beverly Hills Home

Jennifer Lopez and Ben Affleck Take Out $20 Million Mortgage on Their New Beverly Hills Home

by Phil Hall | Oct 9, 2023 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

While mortgage application activity has been in decline recently, at least one high-profile bucked the trend and took out a home loan for their new residence. The U.S. Sun reported that Jennifer Lopez and Ben Affleck received a $20 million mortgage on their new $61...
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